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Apr 24, 2013
04/13
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KCSM
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we need a broader tax agreement. >> he pinned its hopes on a german-swiss agreement. when that failed, he turned himself in. it is unclear if he did it in time to avoid a potential prison sentence. >> terry, thank you so much for being with us. quite a dramatic development in this tax evasion case. tell us more. >> dramatic indeed. it seems the president of the most successful soccer club, bayern munich, was arrested in connection with the tax evasion scandal you mentioned. one of the main paper is says he was arrested on march 20th, just briefly, and then released again after paying a bailout in the amount of 5 million euro. it was said he was arrested in connection with a search of his home on the same day. again, march 20th. down now the size of the bail has suggested that if the charges stick, if he is charged, tried, and convicted, he could avoid going to jail. >> is trying to keep his tax evasion case separate from his professional side. >> he is facing allegations of tax evasion on a massive scale. if they stick time it is hard to imagine they would be able to
we need a broader tax agreement. >> he pinned its hopes on a german-swiss agreement. when that failed, he turned himself in. it is unclear if he did it in time to avoid a potential prison sentence. >> terry, thank you so much for being with us. quite a dramatic development in this tax evasion case. tell us more. >> dramatic indeed. it seems the president of the most successful soccer club, bayern munich, was arrested in connection with the tax evasion scandal you mentioned....
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Apr 22, 2013
04/13
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CSPAN
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tax codes? currentreduce the rate tax rate from 35 percent down to 28% and reduce these tax breaks, the ones we have been talking about today. or expenditures, what ever you want to call them, in 2011, cost the u.s. government $1.10 trillion in forgone federal revenue. about 85% of that was for individual tax expenditures. these are things that we're familiar with -- the mortgage interest rate deduction or the donations.relatedchit only 20% of that or so was for corporate tax expenditures, some of which are the oil and gas company tax breaks. host: from twitter -- go to jackson, tenn. on our independent line. ofler: i have a couple comments and a question. the revenue the government is taking in is the lowest in six years. from this information cspan. the corporations -- it gets so tiresome hearing people talk about a high tax rate for corporations in the united states when, in effect, they are paying around 12% effective tax rate. of them pay no taxes. to the oil companies, a few moments ago, y
tax codes? currentreduce the rate tax rate from 35 percent down to 28% and reduce these tax breaks, the ones we have been talking about today. or expenditures, what ever you want to call them, in 2011, cost the u.s. government $1.10 trillion in forgone federal revenue. about 85% of that was for individual tax expenditures. these are things that we're familiar with -- the mortgage interest rate deduction or the donations.relatedchit only 20% of that or so was for corporate tax expenditures, some...
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Apr 16, 2013
04/13
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CSPAN
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eye 86
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if we removed the tax expenditures from the tax code, all of them, remove every tax expenditure, it would help this country. you sit there and say we need these things. instantly, we should stop shipping guns out of the country for tax breaks. guest: he makes several points. the first thing i want to say is the good news is i talk to no one on capitol hill who does not oferstand the importance preserving social security and medicare for existing recipients and future generations. the debate is about what steps thatwe take to make sure those programs are preserved? he gave one example, which is on social security taxes. could you raise that some or eliminate it? i would not support eliminating it. that would not make a lot of sense. most folks do not want to talk about the kinds of tax increases that would need to be done if we do not look somehow at the benefit side of the equation as well. and he makes the other point that, you know, a growing economy would make a big difference for all of these challenges we face. , ohio, independent caller. caller: good morning, and thank you for takin
if we removed the tax expenditures from the tax code, all of them, remove every tax expenditure, it would help this country. you sit there and say we need these things. instantly, we should stop shipping guns out of the country for tax breaks. guest: he makes several points. the first thing i want to say is the good news is i talk to no one on capitol hill who does not oferstand the importance preserving social security and medicare for existing recipients and future generations. the debate is...
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Apr 17, 2013
04/13
by
CSPAN
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eye 117
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aswas a flat rate, local tax opposed to an income tax or property tax. the idea took hold that a dutchman or aid duke would pay the same. the country reacted incredibly badly. she had gotten into that dogmatic mindset. it ultimately undid her. host: c-span democrat on twitter -- people would not prefer to go back, but they would probably perform her firm to the cutthroat and disruptive way. john from north carolina, independent caller. caller: i am sitting and watching two speakers in america talk about maggie thatcher as if she was some kind of angel. i was born in barbados. i first migrated to england in 1964 as a young man, six years old. i remember maggie thatcher's campaigns before she became prime minister. she was a racist. she called us scalia walks. i am a black man. ywogs.ll in theer, who worked transport, would talk about the bus. if you are 30 and so they gave us -- she hated you. guest: i think it is a tremendously important point. i would argue that she was not racist, certainly by the time she was prime minister, you did not see racism on
aswas a flat rate, local tax opposed to an income tax or property tax. the idea took hold that a dutchman or aid duke would pay the same. the country reacted incredibly badly. she had gotten into that dogmatic mindset. it ultimately undid her. host: c-span democrat on twitter -- people would not prefer to go back, but they would probably perform her firm to the cutthroat and disruptive way. john from north carolina, independent caller. caller: i am sitting and watching two speakers in america...
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Apr 20, 2013
04/13
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CSPAN
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eye 114
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and in doing so they find some information electronically that i haven't been up front with my taxes. this would prevent d.h.s. from say sharing that information with guest: the private companies in sharing information, the biggest concern is -- individuals are concerned that their private information within the cyber networks orson dems would be held -- or systems would be held by private companies but then provided to the government , that this private information would not be stripped by the companies first. in the president's executive order, the onus would be on the privacy advocates. they want the private companies to strip any private information that might be caught up within the context of cyber threat information. thet one has to understand definition of cyber threat. it is unlikely but not impossible that your private tax information, your e-mail content would be part of that information that is a cyber threat information that would be given to the government. is there a possibility that it would be lumped in with that? yes. so whose responsibility is it to minimize and get
and in doing so they find some information electronically that i haven't been up front with my taxes. this would prevent d.h.s. from say sharing that information with guest: the private companies in sharing information, the biggest concern is -- individuals are concerned that their private information within the cyber networks orson dems would be held -- or systems would be held by private companies but then provided to the government , that this private information would not be stripped by the...